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Ola Electric’s stock tanks to its lowest as market analysts warn investors

Sep 25, 2024

New Delhi, Sep 25 (IANS) Bhavish Aggarwal-run Ola Electric's stock tanked further to touch its lowest at Rs 103 apiece in the morning trade on Wednesday, amid repeated warnings by trade analysts for retail investors to wait for a more stable entry point.The share of the electric two-wheeler company nosedived to Rs 103 apiece — a massive 35 per cent…

India poised to be among fastest-growing economies till 2030: Goldman Sachs

Sep 25, 2024

New Delhi, Sep 25 (IANS) Driven by strong GDP growth and positive investor sentiment, India is poised to remain among the world's fastest growing economies until 2030, global brokerage Goldman Sachs has said.The country’s earnings have…

Business

Sensex trades flat, Power Grid and M&M top gainers

Sep 25, 2024

Mumbai, Sep 25 (IANS) Indian equity markets were trading flat on Wednesday following mixed global cues. At 9:55 a.m., Sensex was up 21 points or 0.02 per cent at 84,935 and Nifty was down 4 points or 0.02 per cent at 25,934.In the early…

Business

South Korea aims to prevent illegal trading via stock short selling

Sep 25, 2024

Seoul, Sep 25 (IANS) The government will publish detailed guidelines on stock short selling this week to help prevent people unintentionally engaging in illegal trading, the financial regulator said on Wednesday.The guidelines will be made…

Business

Union Bank of India’s U-Genius is back with an exciting and more challenging quiz program for…

Sep 24, 2024

With its own branded National Level Quiz Competition building strong momentum, Union bank of India in its U-Genius 3.0 initiative, as of 22 September 2024 has

Business

Groww Mutual Fund Launches Groww Nifty India Defence ETF NFO Period: 23rd September – 4th October…

Sep 24, 2024

Groww Mutual Fund is pleased to introduce the Groww Nifty India Defence ETF, offering investors an opportunity to participate in India's defence sector.

Business

US court backs Byju’s lenders over $1.2 bn loan default, edtech firm responds

Sep 24, 2024

New Delhi, Sep 24 (IANS) A US court has upheld an earlier ruling that found embattled edtech firm Byju's in default on its $1.2-billion Term Loan B.The Delaware Supreme Court upheld the ruling in favour of Byju's lenders represented by Glas…

Business

500 mn smartphone owners to use digital identity wallet by 2026

Sep 24, 2024

New Delhi, Sep 24 (IANS) At least 500 million smartphone users globally will regularly make verifiable claims using a digital identity wallet (DIW) by 2026, a report said on Tuesday.Identity verification establishes confidence in the…

Business

India-UAE bilateral trade set to surpass $100 billion target before 2030

Sep 24, 2024

New Delhi, Sep 24 (IANS) The bilateral trade between India and the United Arab Emirates (UAE) is on track to surpass the $100 billion target well before 2030, underscored by a notable 12.7 per cent (year-on-year) increase, according to a…

Business

Gig workers must develop industry-specific knowledge to remain competitive: Report

Sep 24, 2024

New Delhi, Sep 24 (IANS) There is a persistent skill gap among gig economy workers and they must develop industry-specific knowledge to remain competitive, a report said on Tuesday.The report by TeamLease Edtech showed that 42.86 per cent…

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